1/114 Majors Bay Road Concord NSW 2137

Medical / Consulting
287 m²
Sold

SECURE MEDICAL INVESTMENT WITH A 10 X 10 YEAR LEASE

This high income, long lease, essential service investment in the heart of Concord, will be auctioned by the exclusive selling agents, Belle Property Commercial. This Medical Centre has been servicing the local Concord community and broader inner west with GP services for over 25 years. With a 10 x 10 year leases in place and an annual income of $273,180.60 + GST per annum nett, this is a set and forget income generating asset for your portfolio.

Features Include:
- Annual Nett Income $273,180.60 + GST
- Tenant Pays all outgoings
- Annual rental increases 3%
- Rental as of 2nd April 2022 to be $281,376.00 + GST
- Floor Area 279sqm
- Heart of Majors Bay Road Main Street of Concord
- Lease Expiry April 2028
- Option until 2038

Belle Property Commercial - Inner West/City Fringe

Level 1, 2-4 King Street

Newtown, NSW 2042

Property Highlights

Date Sold	23 Nov 2021
Floor Area	287 m²
Land Area	390 m²
Parking	7 x Onsite parkings
Virtual Tour	View Tour
Property ID	2017288478
Category	Medical / Consulting Offices Shop & Retail
Last updated	25 Nov 2021

Map for 1/114 Majors Bay Road Concord NSW 2137

Nearest transport* to 1/114 Majors Bay Road Concord NSW 2137

Bus

Train

Tram

Ferry

Concord Shops, Wellbank St	101 m
Concord Shops, Majors Bay Rd	124 m
Concord Community Church, Brewer St	127 m
Brewer St Opp Concord Community Church	169 m

*Within a 4km radius

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Belle Property Commercial - Inner West/City Fringe

Level 1, 2-4 King Street

Newtown, NSW 2042

Property Highlights

Date Sold	23 Nov 2021
Floor Area	287 m²
Land Area	390 m²
Parking	7 x Onsite parkings
Virtual Tour	View Tour
Property ID	2017288478
Category	Medical / Consulting Offices Shop & Retail
Last updated	25 Nov 2021

Co-Agents

Rocco Tripodi

Belle Property Commercial - Inner West/City Fringe

Call

0407 771 655

Andrew Bozza

Belle Property Commercial - Inner West/City Fringe

Call

0419 110 099

More about 1/114 Majors Bay Road Concord NSW 2137

1/114 Majors Bay Road Concord NSW 2137 is categorized as Medical & Consulting Property. It has a floor area of 287 m² and a land area of 390 m². There are 7 x onsite parkings.The listing ID for this property is 2017288478.